Automakers are racing to adjust to a rapidly shifting EV market. Restructuring efforts have included massive job cuts in some cases. General Motors, Porsche, Aston Martin, and others have ...

The Trump administration’s cuts to the Department of Veterans Affairs have devastated the workers who lost their jobs and raised fears that the quality of veterans’ health care will decline in the ...

But the Freedom Collaborative too has been impacted by US funding cuts. Its CEO told CNN that it lost $200,000 in funding from USAID, or 85% of its budget for this year. It has halted major ...

Reducing the cost of the welfare state has been a long-term goal for successive governments, with the Conservatives also looking to cut spending before being ejected from office last year.

Prompted by the Elon Musk-led cost-cutting spree, the Department of Energy has in the past month slashed 16% of its administrators who oversee the cleanup of the old Hanford nuclear-bomb-making ...

Job cuts so far this year are the highest they've been year-to-date since 2009. The Trump administration’s efforts to cut thousands of federal workers and a roller coaster of tariff policy ...

Overall, NASA could face an approximate 25 percent budget cut, they added. Space advocacy organization The Planetary Society told The Independent that multiple NASA sources had verified the ...

But as Elon Musk and the so-called Department of Government Efficiency look to slash federal jobs and spending, the Social Security Administration has plans to cut 12 percent of its workforce.

The overriding questions of President Donald Trump’s second term are how dramatically he wants to cut government, and how far he’ll be able to go before the courts or Congress stop him.

March 6 (UPI) --With employers announcing close to 222,000 job cuts so far this year, the 2025 layoff rate is at its highest year-to-date total since 2009 when over 428,000 cuts were planned over ...

President Trump renewed his advocacy for broad tax cuts in his address to Congress, emphasising the economic growth spurred by his administration's policies. He proposed extending tax cuts, including ...

Follow live updates on President Trump’s speech to Congress. Veteran job cuts: About 30 percent of civil service employees in the federal government are veterans, and many have lost jobs in the ...